Chapter 1, Problem 21MCQ

To determine

Concept introduction: Auditing standards are made to guide the auditors to perform audits efficiently and effectively. These standards are issued by the American Institute of Certified Public Accountants (AICPA). These standards also indicate the qualities of an auditor. The qualities of an auditor include integrity, objectivity, independence, and due care.

To choose:The option that correctly states the important activity of AICPA for external audit function.